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BTC & ETH Plunge After US Tech Sell-off ⤵️

VanEck Sees Bitcoin Hitting $2.9M by 2050, Don’t Miss The Bull Run That Could Make Bitcoin Great Again, BTC Cycle Master, and more!

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Traci Smith & Mike Cullison
July 26, 2024

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In Today’s Crypto World:

  • VanEck Sees Bitcoin Hitting $2.9M by 2050 🤝

  • BTC & ETH Plunge After US Tech Sell-off ⤵️

  • Don’t Miss The Bull Run That Could Make Bitcoin Great Again 🐂

  • Gainers & Newbies 👀

  • 1st Appearance of Spider-Man Reign 🕸️

  • Bitcoin Cycle Master 🔄

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First

Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness, and mounting debt burden, VanEck's Matthew Sigel said in an interview.

www.coindesk.com

Bitcoin and Ethereum plunge after US tech sell-off, sparking $300 million in losses

Ethereum and Bitcoin lead crypto market into freefall following US shares record decline.

cryptoslate.com

Don’t miss the bull run that could make Bitcoin great again

Donald Trump has seen the light when it comes to cryptocurrency. Love him or hate him, that's a good thing for the industry.

cointelegraph.com

DEGEN PLAYS
GAINERS & NEWBIES 👀

*Market insights are updated daily.

VEVE & NFT
1ST APPEARANCE: SPIDER-MAN REIGN 🕸️

CHART OF THE DAY
BTC CYCLE MASTER 🔄

Bitcoin Cycle Master is a combination of on-chain metrics including Coin Value Days Destroyed and Terminal Price. They are able to identify where Bitcoin price is valued relatively within its cycles. Historically those cycles have been approximately every 4 years and correlate with Bitcoin Halving events. There is no guarantee that will continue to be the case in the future, and the metrics that makeup Bitcoin Cycle Master track actual economic behavior on the Bitcoin blockchain.

Bitcoin Cycle Master can identify periods of increased risk when transaction behavior on-chain is indicative of major cycle highs. It also identifies areas of value opportunity where on-chain transaction behavior signals major cycle lows.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - WHAT IS NEAR? 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS NEAR? 💡

NEAR Protocol is a highly scalable and developer-friendly blockchain platform. Key points include:

  1. Scalability: NEAR uses a unique sharding technology called "Nightshade" to achieve high throughput, processing thousands of transactions per second.

  2. Low Fees: It offers low transaction fees, making it cost-effective for developers and users.

  3. Developer-Friendly: With easy-to-use tools and smart contract features, NEAR is designed to attract and support developers.

  4. Eco-Friendly: NEAR's consensus mechanism is highly energy-efficient, reducing its environmental impact.

These features make NEAR an exceptional platform for building decentralized applications, offering speed, affordability, and sustainability.

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

OWLGO’S LOLS
DAILYMEMES 🤣

Brought To You By: DailyGainsCrypto.com

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.05/31/202406/12/